New Launch - India Real Estate Report 2026.

Binny Pete

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Avg. Rate

₹ 3,717/sq. ft

Locality rating icon

Locality Rating

4.3/10

Binny Pete is a well-established residential locality situated in the Jagajeevanram Nagar area of North Bengaluru, falling under the Bengaluru North Zone. It shares the PIN code 560026 and is surrounded by neighborhoods such as Obalesh Colony, Ranganatha Colony, Rayapuram, and Padarayanapura, contributing to its integrated urban character. Historically an industrial-adjacent zone, Binny Pete has evolved into a sought-after residential pocket due to its strategic location and gradual infrastructural development. The real estate market in Binny Pete is relatively compact but growing, with approximately 2 active residential projects offering modern amenities. The average price for a 2BHK apartment stands at around ₹1.34 crore, with property rates averaging ₹17,274 per square foot, reflecting its appeal among mid-to-high-income homebuyers seeking value in North Bangalore. Its proximity to major employment hubs and transport corridors enhances its residential attractiveness. Connectivity in Binny Pete is supported by access to key roads like the Bellary Road (NH-44) and proximity to the Hebbal flyover, enabling smooth commutes to central and northern parts of the city. While the locality lacks a direct metro link, its closeness to upcoming transit infrastructure and essential urban facilities makes it a promising area for both living and investment in the evolving landscape of Bengaluru.

Region

Jagajeevanram Nagar

City

Bengaluru

District

Bengaluru Urban

State

Karnataka

Pincode

560026

Population

30,000

Nearest Airport

Kempegowda International Airport (BLR)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Well-connected to major IT hubs via Bellary Road and Hebbal

Relatively affordable property rates compared to central Bengaluru

Peaceful residential environment with access to essential amenities

Locality price index icon

The Bad

Limited metro connectivity with nearest station over 5 km away

Occasional traffic congestion on Bellary Road during peak hours

Aurum Price Index for Binny pete

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

Property Listing Trends

(12%)

RERA Inventory & Sales Velocity

(13%)

IGR Transaction Data

(15%)

Rental Yield

(10%)

Pollution & Environment

(08%)

Infrastructure & Connectivity

(13%)

Social Infrastructure

(08%)

Crimes & Safety

(08%)

Political Stability

(06%)

Corruption & ease of doing business

(07%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

₹ 3,717/sq. ft

Average Price Range

₹ 1,800 – 7,606

Trend (5Y)

▲ 63.9%

Nearby Neighborhoods

Ranganatha Colony

Ranganatha Colony is a well-established residential locality situated within Jagajeevanram Nagar in the North Zone of Bengaluru, Karnataka. It falls under the postal code 560026 and is surrounded by prominent neighborhoods such as Obalesh Colony, Binny Pete, Rayapuram, and Padarayanapura, contributing to its integrated urban character. Historically developed as a planned residential enclave, the area has evolved into a densely populated neighborhood serving middle-income families and working professionals seeking affordable housing in North Bengaluru. The real estate market in Ranganatha Colony is relatively compact, with limited new developments — currently hosting just one major residential project. Property prices hover around an average of Rs. 17,065 per square foot, making it a moderately priced option in the region. While large-scale luxury apartments are rare, the area offers a mix of independent homes, resale flats, and smaller apartment complexes catering to budget-conscious buyers. Connectivity in Ranganatha Colony is supported by proximity to key arterial roads like Bellary Road and Tumkur Road, providing access to major employment hubs such as Hebbal, Manyata Tech Park, and the upcoming North Bangalore IT corridor. The locality benefits from nearby civic amenities including schools, local markets, and healthcare centers, although large-scale infrastructure like metro rail is still developing in the vicinity.

Avg. Rate

₹ 4,366/sq. ft

Locality Rating

4.3/10

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Binnipete

Binnipete is a residential locality situated within Kempapura Agrahara in the Central Zone of Bengaluru, Karnataka. It falls under the postal code 560023 and is part of the historic core of the city, reflecting a blend of traditional agrahara settlement patterns and modern urban development. Though not a major real estate hub, Binnipete offers a quiet residential environment close to key city areas and is surrounded by well-established neighborhoods like Bhuvaneshwari Nagar and Telecom Layout. The area is primarily composed of independent homes and older residential structures, with limited new construction or organized housing projects. Real estate activity remains minimal, with no major ongoing developments reported, making it a low-density pocket in central Bengaluru. Property pricing data is sparse due to infrequent transactions, but affordability relative to central Bangalore averages makes it attractive for long-term residents. Connectivity in Binnipete is facilitated through proximity to major roads like Bellary Road (NH-44) and proximity to Yeshwanthpur and Hebbal corridors. While public transport access is indirect, residents rely on nearby hubs for metro, rail, and bus services. The locality benefits from its location in a well-serviced urban zone with access to schools, markets, and healthcare within adjacent neighborhoods.

Avg. Rate

₹ 4,276/sq. ft

Locality Rating

4.2/10

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Bhuvaneshwari Nagar

Bhuvaneshwari Nagar is a well-established residential locality situated within Kempapura Agrahara in the Central Zone of Bengaluru, Karnataka. It falls under the postal code 560023 and is part of the larger Malleswaram region, known for its cultural heritage and proximity to key city centers. The area is primarily composed of independent homes and small residential complexes, reflecting a traditional neighborhood character with a close-knit community feel. Strategically located, Bhuvaneshwari Nagar enjoys access to major arterial roads such as 8th Cross Road and CMH Road, enabling smooth connectivity to central business districts like Indiranagar, Richmond Town, and Shivajinagar. While the locality itself does not host large-scale real estate developments, its appeal lies in affordability and accessibility, making it a preferred choice for middle-income families and long-term residents seeking a peaceful lifestyle within the city’s core. The neighborhood benefits from proximity to essential civic infrastructure, including schools, healthcare centers, and local markets. Though not a major commercial hub, it is surrounded by established layouts such as Telecom Layout, Ramdas Layout, and Binnipete, which enhance its livability. With ongoing urban renewal in central Bengaluru, Bhuvaneshwari Nagar remains a locality of quiet significance, balancing heritage with gradual modernization.

Avg. Rate

₹ 4,119/sq. ft

Locality Rating

4.1/10

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Frequently Asked Questions

The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in

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